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Founded in Shanghai in 1929, Taiping Life has a very long history. In 1956, Taiping Life moved abroad and specialized in life insurance business. It was one of the national insurers with the strongest strength, the largest scale and the biggest market share.
In November 2001, Taiping Life resumed its domestic life insurance business, and is a national capital life insurer with the longest history in the current China insurance market. Taiping Life located its headquarter in Shanghai with registered capital of 2.33 billion RMB, currently there are 23 branches and over 300 sub-branches opened in 16 provinces in the entire country. In 2007, Taiping is going to construct seven branches in Guangxi, Hunan, etc. The nationwide service network becomes more wide and perfect.
Under the belief of “Professional Management,Faithful Service”, Taiping Life insist on innovation, excellence, achieved the rapid progress continuously within five years. Therefore, it has won the wide praise of insurance industry and the whole society. In 2006, the first year premiums exceeded 10 billion RMB, total asset exceeded 30 billion RMB, and serves more than 4.5 billion clients, grew up as one of national big & medium-scaled life insurance companies.
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